1.
Comparison
of
Landlord
Services
High
Street
Agency
Let/Introduction
Only
High
Street
Agency
Let
&
fully
Managed
Service
Smartspace’s
Guaranteed
Rent
Service
Rental
value
PCM
£1000
(asking
price)
£1000
(asking
price)
£850
Annual
rental
income
£12,000
£12,000
£10,200
Typical
void
periods
(over
12
months)
6
weeks
(£1,385)
6
weeks
(£1,385)
£0
Agency
Fee
5-­‐8%
(£600
–
£960)
8%
–
12.5%
(£960
–
£1500)
£0
Tenancy
renewal
agency
fee
£500
–
£700
(every
12
months)
£500
–
£700
(every
12
months)
£0
Net
Income
you
receive
monthly*
£746
–
£793
£701
–
£763
£850
Net
income
you
receive
annually*
£8952
–
£9516
£8412
–
£9156
£10,200

2.
*
–
Note:
This
table
accounts
for
costs
associated
on
a
yearly
basis
for
the
let
only
and
fully
managed
service,
whereas
for
our
guaranteed
rent
service
the
chart
is
relevant
for
a
three-­‐five
year
period.
The
table
is
an
actual
example
of
a
property
and
is
evidence
that
not
only
do
you
save
a
significant
amount
of
money
from
our
guaranteed
rent
service,
you
also
have
complete
piece
of
mind
as
your
rent
is
100%
guaranteed.
Moreover,
it
is
a
hassle-­‐free
i.e.
we
take
care
of
all
daily
issues/concerns
with
no
hidden
fees,
and
to
add
to
this
you
get
more
of
a
service
i.e.
you
receive
a
free
inventory,
we
register
all
utilities
and
also
carry
out
monthly
inspections!
This
table
also
does
not
take
into
account
the
cost
associated
to
legal
fees
and
rent
voids
in
cases
of
tenant
eviction
being
required
for
a
let
only
or
fully
managed
services.
Tenant
eviction’s
can
be
a
lengthy,
stressful
and
costly
experience
for
any
landlord
regardless
of
how
rare
they
may
be.
That
being
said,
being
an
approved
provider
of
housing
we
can
give
landlords
complete
piece
of
mind
through
our
unique
guaranteed
rent
service
by
completely
covering
ALL
legal
expenses
in
such
a
case.
To
take
this
a
step
further,
we
even
continue
to
pay
your
rent
on
time
and
every
time!